Course description
For financial advisers bankruptcy, the mechanisms through which to avoid it and how to respond to it, will be of constant relevance. David Eaton Turner presents this comprehensive and informative webinar that is vital to anyone advising persons who are facing bankruptcy or trustees in bankruptcy, but also those petitioning for their own bankruptcy, those who have been made bankrupt, and those whose discharge has been suspended.
It will cover a trustee’s powers to obtain information, the obligations on the bankrupt following discharge, who can apply for a suspension of discharge and the purpose it serves. With this expert insight, you will be equipped to face any bankruptcy case.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
This short new webinar will focus on the below topics:
The webinar will be of interest to those advising persons who are facing bankruptcy, including those considering petitioning for their own bankruptcy, those who have been made bankrupt, and those whose discharge has been, or may be, suspended, and those advising trustees in bankruptcy.
It will address the topic of suspension of discharge against a background of an increasing focus in the legislation upon enabling persons made bankrupt to get back upon their feet.
What You Will Learn
This webinar will cover the following:
- Trustee’s powers to obtain information:
- The bankrupt’s duty to co-operate. The risk of contempt of court.
- Private examinations and public examinations. Who, in addition to the bankrupt, may be examined?
- When may an application be made without notice?
- Discharge:
- For most bankrupts, discharge from their bankruptcy currently occurs automatically after a period of one year, a considerable reduction of the previous period of three years.
- From the bankrupt’s point of view, what changes when discharge occurs?
- What obligations on the bankrupt continue after discharge?
- Suspension of discharge:
- Who may apply to suspend discharge?
- What is the purpose of suspension? If a suspension order is made, on what grounds might it be suspended? Is it a punishment?
- How are the rights of the bankrupt and the trustee in bankruptcy to be balanced?
- By when must such an application be made?
- For what period, and upon what terms, might suspension be suspended?
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...